Currency Exchange Rates

Exchange Rates Exchange Rates: : currency per unit of foreign currency as at: 22.02.2024 10:00:05 PM
Currency Travelers Cheques/ Drafts Telegraphic/PFCA/ BFCA Transfers
Currency Buying Rate Selling Rate Buying Rate Selling Rate Buying Rate Selling Rate
AED 78.5368 89.4704 - - - -
AUD 197.1763 208.8062 198.1478 207.9091 199.7055 207.9091
BHD 727.4726 842.4964 - - - -
CAD 224.5092 236.3755 223.8480 236.3755 225.9693 236.3755
CHF 336.6343 362.7854 342.7953 362.7854 347.2624 362.7854
CNY 40.0984 44.2181 41.9864 44.2181 42.3255 44.2181
DKK - - 43.7425 46.3694 44.1458 46.3694
EUR 327.4842 342.3301 327.1924 342.4630 330.4024 342.4630
GBP 384.5351 400.0990 385.7647 399.6670 387.5506 399.6670
HKD 37.2634 40.8174 38.7202 40.8174 39.0942 40.8174
INR 3.2560 4.2560 3.3060 4.2060 3.3560 4.2060
JPY 1.9954 2.1163 2.0136 2.1163 2.0311 2.1163
KWD 915.5833 1,043.6104 - - - -
NOK - 30.4134 28.9682 30.4134 29.1912 30.4134
NZD 185.5480 197.6116 185.4174 197.6116 187.6232 197.6116
OMR 770.9070 829.4899 - - - -
QAR 67.4345 87.5174 - - - -
SAR 75.0971 88.7807 - - - -
SEK - 30.7470 29.1995 30.7470 29.4332 30.7470
SGD 222.7043 236.6102 225.2605 236.6102 227.5648 236.6102
THB 8.5022 9.7322 8.5222 9.5022 8.5522 9.5022
USD 307.5000 315.5000 306.8000 315.5000 307.5000 315.5000
ZAR - - 15.9598 16.8424 16.0994 16.8424

The above rates are for indicative purposes only. These are subject to change based on market conditions and at the discretion of the bank. Please call +9411-2445785 for any clarification.

Treasury Bill Rates

 

TREASURY BILL RATES APPLICABLE FOR THE WEEK COMMENCING FROM 16.02.2024
Term Yield P.APrice per Rs: 100/=
03 Months
(91 days)
8.00%98.0392 (Subject to availability)
06 Months
(182 days)
8.00%96.1538 (Subject to Availability)
12 Months
(364 days)
8.25%92.3788 (Subject to availability)

 

Rupee Fixed Deposits

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1. FIXED DEPOSITS       

Term & Payment methodInterest Rate (p.a.)
1 Month (LKR)6.50%
3 Month (LKR)7.00%
6 Month (LKR)7.25%
1 Year -Interest at maturity (LKR)7.75%
1 Year -Interest paid monthly (LKR)7.50%
1 Year | Senior Citizens* -Interest at maturity (LKR)8.25%
1 Year | Senior Citizens* -Interest paid monthly (LKR)8.00%
2 Years -Interest at maturity (LKR)7.75%
2 Years -Interest paid monthly (LKR)7.50%
2 Years -Interest paid annually (LKR)7.75%
3 Years -Interest at maturity (LKR)8.00%
3 Years -Interest paid monthly (LKR)7.50%
3 Years -Interest paid annually (LKR)7.75%
4 Years -Interest at maturity (LKR)8.25%
4 Years -Interest paid monthly (LKR)7.50%
4 Years -Interest paid annually (LKR)7.75%
5 Years -Interest at maturity (LKR)8.50%
5 Years -Interest paid monthly (LKR)7.50%
5 Years -Interest paid annually (LKR)7.75%

* Senior Citizens shall mean persons who are over 60 years

** Special Fixed Deposit Scheme suspended W.E.F. 01.10.2022 by Central Bank of Sri Lanka

 

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BOC Special Deposit Scheme

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BOC Special Deposit Scheme
This scheme has been terminated w.e.f. 31/01/2009 & existing deposit accounts should be renewed at prevailing 01 year fixed deposit (interest paid at maturity) interest rate on its maturity.
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Senior Citizens Deposit Scheme

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5. SENIOR CITIZENS DEPOSIT SCHEME*** 
 Rate per Annum
2 Years Senior Citizen Interest Paid  Monthly (Revised)8.25%

***Applicable only for existing 2 Years Senior Citizen Interest Paid Monthly Deposits.

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Rupee – Savings Deposits

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(Effective from 05.06.2023)

1. SAVINGS CERTIFICATE                                           (Applicable only for existing Savings Certificate Deposits)
Face ValueSelling Price
Term6 Months12 Months24 Months
Yield p.a.5.00%6.00%7.00%
Rs.;Rs.Rs.Rs.
200.00196.00189.00176.00
500.00488.00472.00439.00
1,000.00976.00944.00878.00
5,000.004,879.004,717.004,386.00
10,000.009,757.009,434.008,772.00
25,000.0024,391.0023,585.0021,930.00
50,000.0048,781.0047,170.0043,860.00
100,000.0097,561.0094,340.0087,720.00
2. SAVINGS DEPOSIT ACCOUNT
Ordinary Savings 2.50% p.a.
Samurdhi Investment 2.75% p.a.
18 + Youth Savings Account Scheme 3.00% p.a.
14 + Teenagers' Savings Account Scheme3.50% p.a.
Kantha Ran Ginum 3.00% p.a.
Ran Kekulu Ginum4.00% p.a.
Staff Voluntary Savings 3.00% p.a.
Senior Citizens Savings 3.50% p.a.
3. OTHER DEPOSIT SCHEMES
National Pension Schemenow suspended
National Endowment Schemenow suspended

*** Deposit liabilities have been insured with the Sri Lanka Deposit Insurance Scheme implemented by the Monetary Board on payment of applicable premium for compensation up to a maximum of Rs. 1,100,000 per depositor.

Important Notes
Senior Citizens shall mean persons who are over Sixty (60) years of age at the time of accepting or renewal of a deposit.

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Foreign Currency Savings Deposits

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Interest Rates for Foreign Currency Savings Deposits - W.E.F. 19.09.2023

CURRENCY

   PFCA/ DFA /RGFCA/ IIA    BFCA/OIA
 U S DOLLARS  1.00%  0.75%
 STERLING POUNDS  0.75%  0.75%
 EURO  0.40%  0.25%
 JAPANESE YEN  0.01%  0.01%
 AUSTRALIAN DOLLARS  1.00%  0.50%
 NEW ZEALAND DOLLARS  1.00%  1.00%
 SWISS FRANCS  0.40%  0.40%
 CANADIAN DOLLARS  0.50%  0.50%
 SINGAPORE DOLLARS  0.25%  0.25%
 CHINESE RENMINBI  0.75%  0.75%

 

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Foreign Currency Fixed Deposits

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RATES OF INTEREST FOR PFCA/ DFA /IIA and SFNFDA FIXED DEPOSITS

INTEREST RATES FOR FOREIGN CURRENCY FIXED DEPOSITS -  W.E.F 19.09.2023

     
PFCAPeriodInterest Rates (%)AER (%)
USD01 Month3.503.56
03 Months4.004.06
06 Months4.254.30
01 Year maturity5.005.00
01 Year monthly3.503.56
01 Year quarterly4.004.06
02 Year maturity5.255.12
02 Year annually5.005.00
02 Year monthly3.503.56
03 Year maturity5.505.22
03 Year annually5.005.00
03 Year monthly3.503.56
04 Year maturity5.755.31
04 Year annually5.005.00
04 Year monthly3.503.56
05 Year maturity6.005.39
05 Year annually5.005.00
05 Year monthly3.503.56
GBP01 Month1.501.51
03 Months2.502.52
06 Months3.253.28
01 Year maturity3.503.50
01 Year monthly1.501.51
01 Year quarterly2.502.52
EUR01 Month1.501.51
03 Months2.502.52
06 Months2.752.77
01 Year maturity3.503.50
AUD01 Month1.501.51
03 Months2.502.52
06 Months2.752.77
01 Year maturity3.503.50

 

 

     
BFCAPeriodInterest Rates (%)AER (%)
USD01 Month3.503.56
03 Months4.004.06
06 Months4.254.30
01 Year maturity5.005.00
02 Year maturity5.255.12
03 Year maturity5.505.22
04 Year maturity5.755.31
05 Year maturity6.005.39
GBP01 Month1.501.51
03 Months2.502.50
06 Months3.253.28
01 Year maturity3.503.50
EUR01 Month1.501.51
03 Months2.502.50
06 Months2.752.77
01 Year maturity3.503.50
AUD01 Month1.501.51
03 Months2.502.52
06 Months2.752.77
01 Year maturity3.503.50
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Personal Loans

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BOC Personal Loan SchemeUpto 5 Years : 18.0%
Above 5 Years and Upto 7 Years : 19.50%
BOC Special Personal Loan SchemeUpto 5 Years : 17.00%
Above 5 Years and Upto 7 Years : 19.0%
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Housing Loans

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Type of the Housing Loan/ Eligible AmountRepayment PeriodFixed ROI
(p.a.)
Aggregate Housing Loan amount up to Rs. 5.0 MnMaximum up to 10 Years15.5 %
BOC Housing Loan
(Above 5.0 Mn)
Up to 10 Years16.50 %
Above 10 Years17.0%
Special Housing LoanUp to 10 Years16.50 %
Above 10 Years17.0 %

 

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Education Loans

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Educational Loans
BOC Comprehensive Educational Loan

Up to 5 Years - 16.00% p.a.
 

Up to 7 Years - 17.00% p.a.
 

 

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Development Loans

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MSME, AGRICULTURE, ANIMAL HUSBANDRY AND FISHERIES SECTOR

Item No.

Sector

Maximum Repayment Period

Maximum Loan Amount

ROI p.a.

(Fixed)

Short Term Cultivation Loans

1.0

For Cultivation Purposes - Short Term Cultivation

270 Days (9 months) 

Rs. 500,000/- or below

13.50% 

Above Rs. 500,000/- to

Rs. 3,000,000/-

16.00% 

2.0

Loans other than Short Term Cultivation Loan (MSME, Fisheries, Animal Husbandry and Agro related purposes)

5 Years – Monthly repayment

Up to

Rs. 2,000,000/-

16.00% 

 

7 Years

Up to

Rs. 10,000,000/-

17.00% 

 

Above

Rs. 10,000,000/- to

Rs. 25,000,000/-

18.50% 

 

Above

Rs. 25,000,000/-

20.00% 

 

3.0

BOC Shashreeka

10 Years

Up to

Rs. 10,000,000/-

17.00% 

 

Above

Rs. 10,000,000/- to

Rs. 25,000,000/-

18.00% 

Above

Rs. 25,000,000/-

21.50% 

 

Table II

No.

Sector

Maximum

Repayment Period

Maximum

Loan Amount

ROI p.a.

(Fixed)

1.For investment purposes (construction/renovation of factory /office, purchasing of machinery/equipment) 

7 years

 

Up to Rs. 25.0 Mn

17.00% 

 

Above Rs. 25.0 Mn

Pls contact the branch

2.

For working capital purpose  

3 Years

Up to Rs. 25.0 Mn

17.00% 

 

Above Rs. 25.0 Mn

Pls contact the branch

 

Other SME and Development Loan Schemes 
(Operated With Bank Funds)

Loan Scheme

Purpose

ROI (p.a.)

(Fixed)

BOC Mithuru

Self-Employment

11.50%

Siriliya Saviya

Self-Employment

Up to Rs.100,000/-

12.00% 

From Rs.100,000/- to Rs.2,000,000/-

15.50% 

Pledge Facilities for Purchasing of Harvesting Commodities

Stock of Agriculture Products

18.00%*  

Special Credit Scheme for Purchasing of Solar Power SystemsDomestic

15.50%

(Fixed)

SME

Commercial 

(Max. up to Rs. 5.0 Mn)

Quarterly AWPLR + 3.0% p.a., subject to floor rate 16.00 % p.a.* 

New Working Capital and Refurbishment Loan Scheme for Tourism Sector

Quarterly AWPLR + 3.0% p.a., subject to floor rate 16.00 % p.a.*

Special Loan Scheme for the students who follow Chartered Accountancy at the Institute of Chartered Accountancy of Sri Lanka to Purchase Laptops

  18.00%

(Fixed)

Special Loan Scheme for Purchasing of Solar Power System, Electric Bicycles, Motor bikes and installation of bio gas units

Up to Rs. 5.0 Mn

15.50%

(Fixed)

From Rs. 5.0 Mn to 

Rs. 10.0 Mn

16.00%

(Fixed)

From Rs. 10.0 Mn to 

Rs. 50.0 Mn

17.50%

(Fixed)

From Rs. 50.0 Mn to 

Rs. 100.0 Mn

Quarterly AWPLR, floor rate 17.50% p.a. *

 

 

 

 

 

 

 

* Subject to review at the beginning of each quarter

** Government and other institutions funded credit schemes are available at lower rate starting from 2.0 % p.a.

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Ran Surekum Naya Seva

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  Rate
Pawning16.00% (p.a.)
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Credit Cards

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Credit Cards

28.00%

Conditions Apply

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Leasing

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LeasingMin Rate ( % )Max Rate ( % )
Motor Vehicle - Unregistered15.00%17.00%
Motor Vehicle Registered16.50%19.50%
Machinery22.00%22.00%
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Outward Remittances

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1.0 OUTWARD REMITTANCESTariff
ISSUANCE OF FOREIGN CURRENCY NOTES1.5% of value. (Minimum LKR 1,000/-) 
TELEGRAPHIC / SWIFT TRANSFERS
(A) Educational payments0.5% of the value (Min LKR 3,000/- Max. LKR 15,000/-)
(B) Imports and other payments1.0% of the value (Min LKR 3,000/-) 
                                                                                 (SWIFT Charges and correspondent banking charges are applicable)
ISSUANCE OF FOREIGN DRAFTS
(A) Education payments 0.5% of the value (Min. LKR 3,000/- Max. LKR 15,000/-) 
(B) Imports and other payments 1.0% of the value (Min LKR 3,000/-)
                                                                                                  (SWIFT & postage charges are applicable)
(C) Cancellation of drafts issued by BOC                                                   
If instrument is surrendered LKR 600/-
If instrument is not surrendered 

LKR 350/-

(SWIFT Charges and correspondent banking charges are applicable) 

Multi-Currency Travel card
A) Issue (Any Currency) Commission 1.5% of the value (Min LKR 1,000/-)
Issuing feeLKR 3,000/- 
(Applicable from card pack ID 000P010000013114) 
(B) Card cancellation feeLKR 1,000/-
(C) ATM - International Fee per withdrawal.
(Additional fees may apply according to the overseas ATM charges)
For GBPGBP 2.50
Other Currencies USD 3/-
(D) ATM - International Balance inquiry fee
 For GBP GBP 0.40
Other Currencies USD 0.50
(E) Card replacement fee USD 8/-
(F) Pin reissuance fee USD 3/-
(G) E Statement regeneration fee USD 0.25
(H) Emergency card replacement fee 
(To dispatch through courier service)
USD 23/-
(I) Card renewal fee (Applicable in every 4 years)LKR 3,000/-
(J) Travel insurance/ balance confirmation letters issuing feeLKR 3,000/-
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Inward Remittances

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2.0 INWARD REMITTANCESTariff
Inward remittances to Bank of Ceylon
Over the counter cash payments 
by identification of customer
LKR 150/-
Remittances to BOC LKR accounts LKR 100/-
Remittances to foreign currency accounts NIL
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Foreign Drafts

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3.0 FOREIGN DRAFTSTariff
Purchasing Instruments
Drafts drawn on BOC in LKR & Foreign Currency LKR 250/-
Foreign currency drafts drawn on other Banks in Sri Lanka
Up to USD 1,000/- LKR 400/-
From USD 1,000/- to USD 5,000/- LKR 1,000/-
Above USD 5,000/- LKR 3,500/-
COLLECTING INSTRUMENTS
Foreign drafts & other instruments in foreign currency, 
drawn on other banks in Sri Lanka and overseas centers.
Correspondent bank charges are applicable.
Up to USD 1,000/- LKR 250/- 
Above USD 1,000/- up to USD 5000/-LKR 500/-
Above USD 5000/- LKR 750 /-
USD drafts drawn on local banks 
in Local USD Clearing System 
To LKR A/C 
   Up to USD 1,000/- LKR 250/-
   Above USD 1,000/- up to USD 5,000/-LKR 500/- 
   Above USD 5,000/- LKR 750 /-
To PFC A/C NIL
To BFC A/C USD 2/- (Per draft)
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Foreign Currency Accounts

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4.0 FOREIGN CURRENCY ACCOUNTSTariff
PERSONAL FOREIGN CURRENCY ACCOUNTS
Issue of Foreign Currency Notes
Account holder Nil
Family members of the account holder0.5%
Funds transfer 
To a LKR A/C at BOCNil 
To a LKR A/C at other Banks USD 5/- (By Pay Order)
USD 5/- (Through SLIPS)
LKR 400/- (Through RTGS) 
Standing Order Payments
To the credit of LKR A/C at BOCNil 
OthersUSD 5/-
Drafts
Issue of foreign drafts other than in JPYCommission Up to USD 10,000/- or equivalent : USD 6/-
Above USD 10,000/- or equivalent : USD 10/-  
SWIFT charges as applicable
Issue of drafts in JPYCommission JPY 6,000/-
SWIFT charges as applicable
SWIFT Transfers 
Issue CommissionNil
Correspondent bank charges and SWIFT charges as applicable 
Amendments Correspondent Bank charges At actual
SWIFT charges as applicable 
Issue of certificate of balances
addressed to the A/C holderNil
addressed to other institution or 
“To whom it may concern”
USD 2/-
Tax purposesUSD 2/-
Addressed to auditors/Audit purposeUSD 5/-
Issue of statements of accounts 
Monthly Nil (If dispatched to local address)
USD 1/- (If dispatched to overseas address) 
WeeklyUSD 4/- per month
DailyUSD 10/- per month 
Closing of AccountUSD 5/-
BUSINESS FOREIGN CURRENCY ACCOUNTS
Issue of Foreign Currency Notes  1% of the Value (Min. USD 5/-) 
SWIFT Transfers 
Issue0.1% of the value (Min LKR 1,000/- Max LKR 10,000/-)
Amendmentscorrespondent Bank charges At actual
SWIFT charges USD 3/-
Issue of Certificate of Balance to AuditorsUSD 10/- 
Issuance of drafts Commission0.5% of the value (Min USD 6/- Max USD 15/-)
SWIFT charges as applicable
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Exports

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5.0 EXPORTS

Tariff
5.1 DOCUMENTARY CREDIT (LETTER OF CREDIT) 
Advice
Advising Charges (Customer)LKR 3,500/-
Amendments
Advising Amendments (Customer)LKR 2,000/-
Bill negotiations Under Letter of Credit
Proceeds to LKR accounts
Sight LC Handling charges0.1% of Value (Min. LKR 2,500/- , Max. LKR 25,000/- )
Examination feeLKR 7,500/-
Term LC Handling charges0.15% of Value (Min. LKR 3,500/-, Max. LKR 25,000/-)
Examination feeLKR 7,500/
Proceeds to Foreign Currency accounts
Sight LC Handling charges0.1% of Value (Min. USD 50/- Max. USD 100/-)
Examination feeUSD 35/-
Term LC Handling charges0.15% of Value (Min. USD 70/- Max. USD 125/-)
Examination fee USD 35/-
5.2   DOCUMENTARY COLLECTION
Purchase of Bills
Foreign currency bills
- DP 
0.15% of Value (Min. USD 50/- Max. USD 100/-)
- DA0.20% of Value (Min. USD 70/- Max. USD 125/-)
Collection of Bills
Sent to bankLKR 5,000/- / USD 20/-
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Imports

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6. IMPORTS

Tariff
 6.1 DOCUMENTARY CREDIT (LETTER OF CREDIT) 
Issuing of LC 
International LC0.75% of Value for 1st quarter and thereafter 0.15% for each additional month or part thereof 
(Min. LKR 5,500/-)
Domestic LC / Letters of credit opened against foreign currency (settlement should be made in foreign currency) 0.25% of Value for 1st quarter and thereafter 0.25% for each additional month or part thereof 
(Min. LKR 5,500/-)
Amendments 
Government, Private LCs & Permit LCsLKR 2,500/- (If borne by the applicant) 
USD 35/- or equivalent (If borne by the beneficiary)
6.2 IMPORT BILLS
Bills under LCs (International & Domestic)
Acceptance (Usance Bills)0.15% of value per month 
(Min. LKR 6,000/-)
Handling of Bills 
Bills settled from PFCA/BFCA accounts with us & FC Loans 0.05% of the value (Min USD 30/-) + USD 20/-
Bills under domestic LC0.05% of Value (Min. LKR 6,000/-Max. LKR 75,000/-)
Bill settlement International LC (should be collected as per LC term from either applicant or beneficiary)0.2% of Value (Min. LKR 6,000/-  Max. LKR 500,000/-)
SWIFT USD 15/- per message
Discrepancies in Document
Bills under domestic LCs 
Discrepancy charges LKR 5,000/- per set of documents presented 
SWIFT chargesLKR 2,500/-
Bills under international LCs 
Discrepancy charges
(Should be collected from the presenter)
USD 75/- per set of documents presented
SWIFT chargesUSD 25/-
Bills on Collection (DP / DA) 
(A) Collection of DP Bills (Documents against Payment)
      (SWIFT charges USD 15/- applicable)
From LKR Accounts0.75% of value (Min LKR 6,000/- Max. LKR 500,000/-) 
From BFCA/PFCA/FCL Accounts0.3% of value (Min USD 40/-) 
(B) Collection of DA Bills (Documents against Acceptance)
      (SWIFT charges USD 15/- applicable)
From LKR Accounts0.75% of value (Min LKR 6,000/- Max. LKR 500,000/-) 
From BFCA/PFCA/FCL Accounts 0.45% of value (Min USD 45/-)  
6.3 OTHER CHARGES 
Shipping Guarantee / Parcel Guarantee 
Issue of Shipping Guarantees
Under LC0.3% of value  (Min. LKR 5,000/-)
On collection basis0.375% of value (Min. LKR 5,000/-)
Import loan documentation
T/R & Pledge loans LKR 4,000/-
Other LoansLKR 3,500/-
SWIFT charges for correspondence
Local LKR 2,500/-
Foreign USD 20/- per swift message
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Letters of Guarantee

(At the request of Foreign Applicants)

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7.0 LETTERS OF GUARANTEETariff
ISSUING (Backed by Cash/ Counter Guarantee) 
(A) Issuing of Guarantees1.5% of the value p.a
(Minimum USD 150/- or 03 months commission whichever is higher)
SWIFT ChargesUSD 15/- (Per Message)
(B) Issuing of Counter Guarantees1.5% of the value p.a
(Minimum USD 150/- or 03 months commission whichever is higher)
SWIFT ChargesUSD 15/- (Per Message)
ADVISINGUSD 150/-
SWIFT chargesUSD 15/- (Per Message) 
AMENDMENTS (GUARANTEES & COUNTER GUARANTEES) 
(A) Extension of validity or increase of value1.5% of the value p.a on monthly basis 
(Min USD 150/-)
SWIFT chargesUSD 15/- (Per Message)
(B) Other amendmentsUSD 150/-
SWIFT charges USD 15/- (Per Message)
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Offshore Banking

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8.0 OFFSHORE BANKING DIVISIONTariff
Issue of DraftUSD 10/- or equivalent
Balance confirmationsUSD 5/-
Standing Orders (In each execution)USD 5/-
Outward remittancesUSD 30/-
Amendments on outward remittancesUSD 12/- (per message)
IMPORTS 
Documentary Credit 
Issuing of DC 0.3% of the Value for 1st quarter and thereafter 0.15% for each additional month or part thereof 
(Min. USD 40/-)
Amendments
(A) Extension of validity or increase in value0.3% of the Value for 1st quarter and thereafter 0.15% for each additional month or part thereof  
(Min USD 25/- per amendment)
(B)Other amendmentsUSD 25/-
Cancellation of unutilized DCs on request of applicant including draft DCs after transmissionUSD 25/- 
Import Bills
Documentary collection Bills(DP/DA) 0.30% of value (Min. USD 30/-)
Endorsement of Bill of Lading consigned to Bank of CeylonUSD 10/-
Issuing Shipping Guarantees0.3% of value (Min. USD 30/-)
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Credit Cards

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4.1 Credit Cards
4.1.1 Joining FeesPrincipal                   Supplementary
Visa PlatinumRs.1,500/-                  Rs.1,200/-
State Sector Master PlatinumFree of Charge
Master TitaniumRs.1,000/-                   Rs. 750/-
Master WorldRs.1,500/-                   Rs.1,200/-
State Sector Master WorldFree of Charge
Visa GoldRs.1,500/-                   Rs.1,200/-
Visa ClassicRs.1,000/-                   Rs.750/-
Doctors' CardFree of Charge
Chartered Accountants’ CardFree of Charge
BOC Shopping Card (Proprietary Card)Rs.200/-                   Rs.200/-
4.1.2 Annual FeesPrincipal                   Supplementary
Visa PlatinumRs.3,500/-                   Rs.2,000/-
State Sector Master PlatinumRs.1,500/-
Master TitaniumRs.1,500/-                   Rs.1,000/-
Master WorldRs.3,500/-                   Rs.2,000/-
State Sector Master WorldRs.2,500/-
Visa GoldRs.2,500/-                   Rs.1,500/-
Visa ClassicRs.1,500/-                   Rs.1,000/-
Doctors' CardFree of Charge
Chartered Accountants’ CardFree of Charge
BOC Shopping Card (Proprietary Card)Rs.200/-                   Rs.100/-
4.1.3 Other Fees and Charges
Interest Rate28 % per annum
Interest on cash advance28 % per annum
Temporary limit enhancement feeRs.1,000/-
Limit enhancement feeRs.1,000/-
Card reactivation fee for blocked cardsRs.1,000/-
Late payment feeRs.900/-
One hour service feeN/A
One day service feeN/A
Over limit feeRs.600/-
SMS Alert Fee for Credit Card transactionsFree of Charge
4.1.3 Other Fees and Charges - contd.
Issue of P.O. Handling Charges for merchant settlementRs.300/- Per Pay Order
CRIB inquiry charges at Card Center (create history)Nil
Cash advance fee4 % Min. Rs. 300/-
Card replacement feeRs.750/-
PIN re-issue feeRs.500/-
Card security change feeRs.500/-
Overseas courier chargesMinimum Rs.2,500/ or actual charges which ever is higher
Cheque return notifications (cheques collected on account of card settlement)Rs.1,000/-
Credit Card limit confirmation letters issued for Visa purposes / any other purposesSame Day Rs.1,000/- Normal Rs.1,000/-
Credit Card balance confirmation Letters to Other Banks/Auditors/Card holdersRs.1,000/-
Issue of duplicate statement- card holder 
Monthly statement up to 06 monthsRs. 200/- (per statement)
Monthly statement after 06 monthsRs. 300/- (per statement)
Issue of Merchant Original Statement (hard Copy)Rs.3,000/- per Month

Issue of duplicate statement- merchant (hard copy)

(fee per daily statement)

Up to 06 months

06 months to 12 months

Over 12 months

 

 

Rs.100/- Max. Rs.5,000/-

Rs.200/- Max. Rs.7,500/-

Rs.300/- Max. Rs.10,000/-

Issue of duplicate statement- merchant (soft copy)

(fee per daily statement)

Up to 03 months

03 months to 06 months

06 months to 12 months

Over 12 months

  

  

Free of charge

Rs.100/- Max. Rs.2,500/-

Rs.200/- Max. Rs.5,000/-

Rs.300/- Max. Rs.7,500/-

 

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Debit Cards

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4.2 Debit Cards

Joining Fee (Excluding 14+, FCY A/Cs & Prestige Plus C/A)

Name Card (Embossed) (First Card)

Unembossed Card (First Card)

 

Rs.750/-

Rs.500/-

Annual Fee (Excluding 14+, FCY A/Cs & Prestige Plus C/A)Rs.500/-

Renewal or Replacement Card

Name Card (Embossed)

Unembossed Card

 

Rs.750/-

Rs.500

Reactivation Fee of stopped cardsRs.100/-
Limit Enhancement FeeRs.100/-
Debit card overseas use fee ATMsRs. 500/-
4.3 ATM Services
4.3.1 Debit/ ATM Transactions performed on BOC ATMs
ATM Cash withdrawal feeRs.5/-
ATM Balance Inquiry feeFree of charge
Printing Receipt for Cash withdrawal / Balance inquiryRs. 5/-
Mini statementRs. 5/-
4.3.2 Debit/ ATM Transactions performed on LankaPay ATMs
ATM Cash withdrawal feeRs.30/-
ATM Balance InquiryRs.7/50
4.3.3 Debit/ ATM Transactions performed on local Visa Master network
ATM cash withdrawal feeRs.75/-
ATM balance inquiry feeRs.7.50
4.3.4 Foreign Access Fee (use of foreign cards in domestic ATMs)
Foreign Access Fee- Cash WithdrawalRs. 500/-
Foreign Access Fee- Balance InquiryRs. 100/-

 

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Internet Banking

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4.4 Internet Banking

Joining Fee Corporate Customers

 

 

Personal Customers

Rs.1,000/-

(Rs.500/- for each additional user when exceeding 03 users)

Free of charge

Annual Fee Corporate Customers

Personal Customer

Rs.2,000/-

Rs.500/-

 

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Fund Transfers

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Fund Transfers
CEFT - Internet BankingRs.30/-
SLIPS - Internet BankingRs.20/-
e-receipt confirmation from the BankRs.50/-
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Current Accounts

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Nature of Transaction - Current AccountsTariff
1.1 Monthly Service Charge: For both credit & debit balances
Corporate Customer - Monthly Minimum Balance < Rs 250,000/-Rs. 2,000/- per month
Business Customer - Monthly Minimum Balance < Rs 15,000/-Rs. 1,000/- per month
Personal Customer (Trading) - Monthly Minimum Balance < Rs 7,500/-Rs. 500/- per month
Personal Customer (Non Trading) - Monthly Minimum Balance < Rs 7,500/-Rs. 200/- per month
1.2 Minimum O/D Interest (Will be applicable if the amount overdrawn falls below the minimum balance requirement)
Corporate CustomerRs. 2,000/- per month
Business CustomerRs. 1,000/- per month
Personal Customer (Trading)Rs. 500/- per month
Personal Customer (Non Trading)Rs. 400/- per month
1.3 Outward Cheque Returns – Inward Clearing

Due to Lack of Funds (Cash/ Clearing)

Charges to drawer - Paying Bank

Rs. 3,500/-
Effects Not RealizedRs. 750/-

Technical Reasons (except Bank faults/ lapses)

[CRN Codes - 14,55,57,58,59,60,62]

Rs. 250/-

Cheque Return Notification Charges – (CRN)

Cheque Return Code 1 & 2

 

 

Cheque Return Code - 14,15,16,52,55,56,57,58,60 & 62

Invalid Cheque

 

1st Return – Rs. 250/-

2nd Return – Rs. 500/-

 

Rs. 250/-

Rs. 250/-

1.4 Inward Cheque Returns - Outward Clearing

Cheque Return Notification Charges (CRN) – Outward Cheques

[CRN Codes 1,2,10,12,13,50,59,61,63,64,65 & 66]

Postage 

Rs. 100/-

 

Actual charge

1.5 Request of Archived Physical Cheque/ Image
Physical Cheque RetrievalRs. 400/- (per chq)
Retrieval of Physical Cheque from archive

Rs. 600/- (per chq) and

Actual Charges

Requested by Court Orders (addressed to BOC directly)Free of Charge

CRN Images Within 1st Month

02 to 06 Months

Over 06 Months

Over 06 years

Rs. 50/-

Rs. 75/-

Rs. 150/-

Rs. 200/-

1.6 Stop Payments (Corporate/ Business/ Personal Customers)
If funds available at the time of requestRs. 750/- per chq
If funds not available at the time of requestRs. 4,000/- per chq
Lost cheque book or partRs. 3,500/- per chq. book
1.7 Current Account Statements – Per month
Daily Statements

Rs. 3,500/-

Corporate Customer Rs. 5,000/-

Weekly Statements

Rs. 2,000/-

Corporate Customer Rs. 2,500/-

Monthly StatementsFree of charge
E-Statements (Any frequency)Free of charge
1.8 Duplicate Copies of Statements (Printed copies)
Within 06 years

From Branch:

First 3 Pagers - Rs. 100/- pp

over 3 pages - Rs. 250 /- pp

Corporate Branch: First 3 Pagers - Rs. 250/- pp

over 3 pages - Rs. 200 /- pp

From CBO:

(Statement in Standard Sheet) Rs. 250/- pp

Over 06 YearsRs. 1,500/- per page
Duplicate Email copies for E- Statements CustomersRs. 100/-

Statement for Closed Accounts from CBO

Within 06 Years

Over 06 Years

 

Rs.250/- PP,

Rs. 1,500/- PP

Rs. 2,500/- of Handling Fee

1.9 Cheques Purchasing
Local Cheques Purchased (Conditions Apply)

0.75% of Transaction Amount

Min. Rs. 1,500/-

Salary Cheques drawn by the Government of Sri Lanka

(Central Government Accounts)

No charge
1.10 Cheque Marking For Payment
(a) Inward (As Paying Bank)Rs. 4,000/-
(b) Outward (As Collecting Bank)0.15% Min. Rs. 4,000/-
1.11 Cost of Cheque Books
25 leavesRs. 500/-
50 leavesRs. 1,000/-
Continuous Cheque Leaves

Rs. 20 Per Cheque Leaf and

Actual Printing Charges

PostageActual cost
1.12 Closure of Current Accounts
Corporate CustomerRs. 1,500/-
Business/ Personal CustomerRs. 1,000/-
1.13 Preparation of Cash Orders
Same day0.3% Min. Rs. 5,000/-
Next working day0.25% Min. Rs. 5,000/-
Over the counter (Over Rs. 1,000,000/- More than 3 Denominations)

Per Denomination

0.3% Min. Rs. 3,000/-

Bankers' Orders0.25%
TransportActual cost
1.14 Confirmation of Account Balances
Balance confirmation lettersRs. 1,000/- per query
1.15 Agreement Execution

Execution of Escrow Agreements

Execution Fee

Annual Fee

 

Rs. 750,000/- (One Off)

Rs. 150,000/-

Execution of Tri-Partite Agreements

in line with Non Resident Rupee Accounts (NRRA)

Execution Fee

 

 

Rs. 500,000/-

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Savings and Time Accounts

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2.0 Savings Accounts and Fixed depositsTariff
2.1 Monthly Service Charge: (Based on the Average Balance maintained)
Ordinary Savings/ Mudaraba Savings < Rs. 1,500/-Rs. 35/- per month
Other Savings Schemes (Except all Minor A/Cs) < Rs. 500/-Rs. 35/- per month
Ordinary Savings Non Personal < Rs. 10,000/-Rs. 35/- per month

Islamic Banking Savings Products < Rs. 1,500/-

(Except all Minor A/Cs)

Rs. 35/- per month
Ran UlpathaFree of charge
School SansadaFree of charge
2.2 Closure of Accounts
Savings Account ClosureRs. 500/-
2.3 Savings Account Statements (For Non Passbook issuing Accounts )
MonthlyFree of charge
Daily Corporate/ Business/ Personal CustomerRs. 4,000/- per month

Weekly Corporate Customer

Business/ Personal Customer

Rs. 3,000/- per month

Rs. 1,500/- per month

E-Statements at any frequencyFree of charge
2.4 Issuance of Duplicate Savings Account Statements – (Printed Copies of Statements for Audit/ VISA Purposes etc.)
Within 06 years Corporate/ Business/ Personal CustomerRs. 500/- per page

Over 06 Years Corporate Customer

Business/ Personal Customer

Rs. 1,500/- per page

Rs. 1,500/- per page

Duplicate Email copies for E- Statements CustomersRs. 100/-
Foreign Currency AccountsFree of charge
2.5 Issuance of Duplicate Passbook/ FD Receipt (In case of lost )
Re-issuance of PassbookRs. 500/-

Re-issuance of Fixed Deposit Receipt/ Savings certificates

(Smart Investor, Smart Saver, Smart Lady etc.)

Rs. 2,000/-
2.6 Confirmation of Account Balances - for Audit / VISA / Tax Purposes etc.
Balance Confirmation Letters on Deposit / Loan AccountRs. 1,000/- per query
2.7 Preparation of Cash Orders 
Refer Section 1.13 of Current Account Tariff 
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General Operations

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3.0 General OperationsTariff
3.1 Issuance of Official Cheques (Pay orders/ Bank Drafts)
3.1.1 Issuance of Pay Orders/ Bank drafts (Unless special arrangements are made)
BOC Customer0.06% Min.- Rs. 300/- Max.- Rs. 1,500/-
Non BOC Customer0.06% Min.- Rs. 1,000/- Max.- Rs. 3,000/-
3.1.2 Issuance of Pay Orders in favour of Director General of Customs (DGC)
BOC CustomerRs. 300/-
Non BOC CustomerRs. 1,500/-
Online DGC payment FacilityFree of Charge
3.1.3 Pay Order Cancellation
Cancellation with surrendering Pay OrderRs. 250/- per transaction
Cancellation without surrendering Pay OrderRs. 1,500/- per transaction
Re – Issuance of Pay Orders (with/ without surrendering P/O)Issuance fee as new Pay Order issuance
3.2 Standing Instructions
3.2.1 Standing Orders Registrations and Funds Transfers
RegistrationRs. 250/- (Excluding all beneficiary children's savings products with in BOC)
Transfer to customer's own Savings/ Current A/C /Credit Card within BOCFree of Charge
Standing Order ModificationRs. 100/-
3.2.2 Standing Orders to Third Party BOC/ other Banks/ Institutions (excluding all beneficiary children's savings products with in BOC)

Payment through system

Payment through pay order

Rs. 50/- per payment

Rs. 300/- per payment

(Actual postage will be applicable)

3.2.3 Standing Order Cancellation
Lack of funds on 03 consecutive occasionsRs. 100/-
Un successful Payment ( within 03 days)Rs. 50/- per payment
3.3 Funds Transfers
3.3.1 Fund Transfers/ Payments – Through System
SLIPS – per fileRs. 25/- per transaction 
Min. Rs. 125/-
(05 items)
SLIPS – manually operatedRs. 20/- per transaction Min. Rs. 50/-
RTGSRs. 400/- per transaction
3.3.2 Manual Fund Transfers within BOC
Between Customer's own BOC Accounts (Retail Segment)Rs. 100/- per transaction
To Third Party Account (Retail Segment)Rs. 200/- per transaction
Corporate to Corporate customer0.1% Min Rs. 200/- Max Rs. 2,000/-
Corporate to Other Branches0.2% Min Rs. 200/- Max Rs. 2,000/-
Payable over the counter (Mail Transfers)0.30% Min. Rs. 1,000/- Max. Rs. 10,000/-
Frequent fund transfers and same day cash withdrawals (Over Rs. 1,000,000/-)0.25% Max. Rs. 4,000/-
3.4 Safe Deposit Lockers 
SmallRs. 75,000/- Rs. 3,500/-
MediumRs. 100,000/- Rs. 5,000/-
LargeRs. 125,000/- Rs. 6,000/-
Extra LargeRs. 150,000/- Rs. 7,500/-
Super LargeRs. 200,000/- Rs. 10,000/-
Re-issuance of Keys (In case of Lost/ damage)Actual Cost and Rs. 1,000/- of Handling Fee
3.5 Utility Bill Payments
Ceylon Electricity BoardRs. 20/- per transaction
3.6 Collection Accounts
On Collection of FundsRefer relevant OICs/ Circular Letters

Funds transfer to other Bank

(From Collection A/C to customers main A/C at other bank)

0.25% per transfer/ Investment

Min. Rs. 10,000/-

3.7 SMS Alerts Facility

Personal (Trading/ Non Trading) Accounts

Up to 20 SMS

21 - 75 SMS

76 and more SMS

 

Rs. 10/-

Rs. 50/-

Rs. 100/-

Business Accounts Up to 200 SMS

201 and more SMS

Rs. 100/-

Rs. 500/-

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Digital Banking

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4.0 Digital Banking ProductsTariff
4.1 Credit Cards
4.1.1 Joining Fees

Principal

Supplementary

Visa Platinum

Rs.1,500/-

Rs.1,200/-

State Sector Master PlatinumFree of Charge
Master Titanium

Rs.1,000/-

Rs. 750/-

Master World

Rs.1,500/-

Rs.1,200/-

State Sector Master WorldFree of Charge
Visa Gold

Rs.1,500/-

Rs.1,200/-

Visa Classic

Rs.1,000/-

Rs.750/-

Doctors' CardFree of Charge
Chartered Accountants’ CardFree of Charge
BOC Shopping Card (Proprietary Card)

Rs.200/-

Rs.200/-

4.1.2 Annual Fees

Principal

Supplementary

Visa Platinum

Rs.3,500/-

Rs.2,000/-

State Sector Master PlatinumRs.1,500/-
Master Titanium

Rs.1,500/-

Rs.1,000/-

Master World

Rs.3,500/-

Rs.2,000/-

State Sector Master WorldRs.2,500/-
Visa Gold

Rs.2,500/-

Rs.1,500/-

Visa Classic

Rs.1,500/-

Rs.1,000/-

Doctors' CardFree of Charge
Chartered Accountants’ CardFree of Charge
BOC Shopping Card (Proprietary Card)

Rs.200/-

Rs.100/-

4.1.3 Other Fees and Charges
Interest Rate3 % per Month
Interest on cash advance3 % per Month
Temporary limit enhancement feeRs.1,000/-
Limit enhancement feeRs.1,000/-
Card reactivation fee for blocked cardsRs.1,000/-
Late payment feeRs.900/-
One hour service feeN/A
One day service feeN/A
Over limit feeRs.600/-
SMS Alert Fee for Credit Card transactionsFree of Charge
Issue of P.O. Handling Charges for merchant settlementRs.300/- Per Pay Order
CRIB inquiry charges at Card Center (create history)Nil
Cash advance fee4 % Min. Rs. 300/-
Card replacement feeRs.750/-
PIN re-issue feeRs.500/-
Card security change feeRs.500/-
Overseas courier chargesMinimum Rs.2,500/ or actual charges which ever is higher
Cheque return notifications (cheques collected on account of card settlement)Rs.1,000/-
Credit Card limit confirmation letters issued for Visa purposes / any other purposesSame Day Rs.1,000/- Normal Rs.1,000/-
Credit Card balance confirmation Letters to Other Banks/Auditors/Card holdersRs.1,000/-
Issue of duplicate statement- card holder 
Monthly statement up to 06 monthsRs. 200/- (per statement)
Monthly statement after 06 monthsRs. 300/- (per statement)
Issue of Merchant Original Statement (hard Copy)Rs.3,000/- per Month

Issue of duplicate statement- merchant (hard copy)

(fee per daily statement)

Up to 06 months

06 months to 12 months

Over 12 months

 

 

Rs.100/- Max. Rs.5,000/-

Rs.200/- Max. Rs.7,500/-

Rs.300/- Max. Rs.10,000/-

Issue of duplicate statement- merchant (soft copy)

(fee per daily statement)

Up to 03 months

03 months to 06 months

06 months to 12 months

Over 12 months

 

 

Free of charge

Rs.100/- Max. Rs.2,500/-

Rs.200/- Max. Rs.5,000/-

Rs.300/- Max. Rs.7,500/-

4.2 Debit Cards

Joining Fee (Excluding 14+, FCY A/Cs & Prestige Plus C/A)

Name Card (Embossed) (First Card)

Unembossed Card (First Card)

 

Rs.750/-

Rs.500/-

Annual Fee (Excluding 14+, FCY A/Cs & Prestige Plus C/A)Rs.500/-

Renewal or Replacement Card

Name Card (Embossed)

Unembossed Card

 

Rs.750/-

Rs.500

Reactivation Fee of stopped cardsRs.100/-
Limit Enhancement FeeRs.100/-
Debit card overseas use fee ATMsRs. 500/-
4.3 ATM Services
4.3.1 Debit/ ATM Transactions performed on BOC ATMs
ATM Cash withdrawal feeRs.5/-
ATM Balance Inquiry feeFree of charge
Printing Receipt for Cash withdrawal / Balance inquiryRs. 5/-
Mini statementRs. 5/-
4.3.2 Debit/ ATM Transactions performed on LankaPay ATMs
ATM Cash withdrawal feeRs.30/-
ATM Balance InquiryRs.7/50
4.3.3 Debit/ ATM Transactions performed on local Visa Master network
ATM cash withdrawal feeRs.75/-
ATM balance inquiry feeRs.7.50
4.3.4 Foreign Access Fee (use of foreign cards in domestic ATMs)
Foreign Access Fee- Cash WithdrawalRs. 500/-
Foreign Access Fee- Balance InquiryRs. 100/-
4.4 Internet Banking

Joining Fee Corporate Customers

 

 

Personal Customers

Rs.1,000/-

(Rs.500/- for each additional user when exceeding 03 users)

Free of charge

Annual Fee Corporate Customers

Personal Customer

Rs.2,000/-

Rs.500/-

Fund Transfers
CEFT - Internet BankingRs.30/-
SLIPS - Internet BankingRs.20/-
e-receipt confirmation from the BankRs.50/-
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Credit Operations

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5.0 Credit OperationsTariff
5.1 Service Charge for CRIB inquiry (including Credit Information Bureau Charges)

Inquiry from CRIB

Personal & Business Customers

Corporate Customers

 

Rs. 300/-

Rs. 700/-

5.2 Credit Facilities (other than the Development Lending Schemes) - Processing of Application & Documentation Charges
Personal and Commercial (Term) Loans below Rs. 50,000/-
A. Cash backed SecurityRs. 300/-
B. Other CollateralRs. 1,000/-
Personal and Commercial (Term) Loans above Rs. 50,001/-

A.   Cash backed Security

Personal

Business & Corporate

 

0.5% Min. Rs.500/- Max. Rs. 1,000/-

0.5% Min. Rs. 1,000/- Max. Rs. 10,000/-

B.  Mortgage over  Immovable Property

Personal Customers

Business Customers

 

0.8% Min. Rs.2,000/- Max. Rs. 250,000/-

0.8% Min. Rs.5,000/- Max. Rs. 250,000/-

C.  Other Collateral

Personal Customers

Business Customers

 

0.8% Min. Rs.2,000/- Max. Rs. 200,000/-

0.8% Min. Rs.5,000/- Max. Rs. 200,000/-

Housing loans 
(in addition to the actual expenses i.e. Valuation/Title etc.)
BOC Housing Loans0.8% Min. Rs. 1,000/- Max. Rs. 25,000/-
Govt. Housing Loans0.8% Min. Rs. 1,000/- Max. Rs. 10,000/-
Personal ,Govt Pensioners' and BOC Pensioners' Loans 
Facilities up to Rs 5,000,000 /-0.8% Min. Rs. 2,,000/- Max. Rs. 20,000/-
Facilities from Rs 5,000,001/- to Rs 10,000,000/-0.8% Min. Rs. 2,,000/- Max. Rs. 30,000/-
Facilities from Rs 10,000,001/- and above0.8% Min. Rs. 2,,000/- Max. Rs. 50,000/-
Pledge & TR Facilities (New Loans & Top Ups ) 
Pledge Loans0.4% Min. Rs. 10,000/- Max. Rs. 500,000/-
Trust Receipts Loans0.5% Min. Rs. 25,000/- Max. Rs. 500,000/-
5.3 Credit Facilities under Development Lending Schemes 

Credit Facilities of Rs. 100,000/- and below

Processing of application and Documentation Charges

Rs. 500/-

Credit Facilities of Rs. 100,001/- and above

Processing of application and Documentation Charges

Up to Rs. 1.0 Mn 0.5% Min. Rs. 500/-

Rs. 1 Mn to Rs. 5 Mn 0.5% Max. Rs. 12,500/-

Above Rs. 5 Mn 0.5% Max. Rs. 20,000/-

5.4 Temporary Overdrafts 

Personal, Business and Corporate Customers

 

 

Up to Rs. 4,999 /- Rs. 100/-

Rs. 5,000/- to Rs. 99,999/- Rs. 1,000/-

Rs. 100,000/- to Rs. 499,999/- Rs. 2,000/-

Rs. 500,000/- to Rs. 999,999/- Rs. 5,000/-

Rs. 1,000,000/- and above Rs 10,000/-

Extension of TOD0.08% Min Rs.1000/- Max Rs.10,000/-
5.5 BOC Leasing 
Documentation & Service Charges (Up front)

Up to Rs. 5.0 Mn Rs. 7,500/-

Above Rs.5.0 Mn Rs. 10,000/-

Termination FeeFree of charge
5.6 Issuance of Local Guarantees/ Counter Guarantees/ Stand by Letter of Credits 

Against cash backed securities

(i.e. 100% cash in non interest bearing account/ Margin Account)

1% per annum (0.25% per quarter or part thereof)

Minimum Rs. 5,000/-

Against cash backed securities

(i.e. 100% cash in interest bearing accounts - Savings/ FDs/ FC accounts etc.)

1.5% per annum (0.5% per quarter or part thereof)

Minimum Rs. 5,000/-

Against Immovable Property (In addition to documentation charges)

2.5% per annum

(0.625% per quarter or part thereof)

Minimum Rs. 5,000/-

Personal Guarantee/ Indemnity (In addition to documentation charges)

3% per annum

(0.75% per quarter or part thereof)

Minimum Rs. 5,000/-

Amendment to the Guarantee

(A) Extension of validity or increase of value -

Commission Rates applicable under issuance

of Guarantee

(B) Other Amendments

Commission Rs. 5,000/-

Issuance Guarantee Draft (From 2nd onward)Rs. 2,000/- per letter
SWIFT ChargersRs. 1,500/-
5.7 Issuance of credit line lettersRs. 15,000/- per letter

5.8 Early settlement Charges- Full Settlement or part there of

 

For BOC Personal Loans , BOC Housing Loans & Pensioners' Loans 
excluding development loans/Fully secured loans

Within 3 years from the date loan granted3% on balance outstanding
Above 3 years and up to 5 years2% on balance outstanding
Above 5 years from the date loan granted1% on balance outstanding
Penal interest not exceeding 200 basic point p.a. for the arrears capital (Except pawning and credit cards)
For Term and Business Loans (full or part settlement ) excluding Development Banking Loans
Within 3 years from the date of loan granted1% on settlement amount at the time of 
full settlement or part there off
For Development LoansNot Applicable
5.9 Inspection Charges
Inspection chargesActual Traveling Cost
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My Sri Lanka - Foreign Currency Fixed Deposit

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Interest at Maturity

Currency 2 Years 
Interest at Maturity 
% (p.a.)
5 Years 
Interest at Maturity 
% (p.a.)

USD

6.00 (5.83 A.E.R)    6.25 (5.59 A.E.R)   

GBP

4.50 (4.40 A.E.R) 4.75 (4.35 A.E.R)   

EUR

4.00 (3.92 A.E.R)   4.50 (4.14 A.E.R) 

AUD

4.00 (3.92 A.E.R)   4.50 (4.14 A.E.R)   

Interest at Monthly**

Currency 2 Years | 5 Years 
Monthly Interest % (p.a.) **

USD

4.25 (4.33 A.E.R)  

GBP

3.00 (3.04 A.E.R)   

EUR

3.00 (3.04 A.E.R)   

AUD

3.00 (3.04 A.E.R)   

* These interest rates may revise at renewal.

** Monthly interest facility avail for Sri Lankan migrant employees only.  
    The interest amount will be calculated in relevant foreign currency and paid in Sri Lankan Rupees.

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